ITR Tax Advisors are a team of experienced Chartered Accountants with specialization in taxation who aim to provide top quality Tax Advisory Services as an independent service provider even as one of the fastest-growing CAs firms. In recent years we have been ranked as India’s fastest-growing tax advisory firm and our popularity has been rising as a preferred tax adviser in the online space, as evident from numerous positive posts on Twitter, Facebook and other forums. ITR Tax Advisor offers both ‘direct’ and ‘indirect tax advisory services under one roof. We have knowledge of direct taxes offered by the Income Tax Department of India, Indirect Taxes on Goods & Services provided by the Central Excise & Service Tax Department of India. Our presence across more than 30 locations allows us to serve a large number of clients operating pan-India.

Tax Advisory Services at ITR Tax Advisor

Tax advisory is a wide term which covers all aspects of tax-related services whether it is direct or indirect. There are various disciplines in tax advisory such as direct tax advisory, indirect tax advisory, transfer pricing, and project finance tax advising. All these services can be availed from ITR Tax Advisor for the best price and quality mix.

Direct Tax Advisory

This service involves offering advice on income tax provisions and judicial decisions to taxpayers. This may include:

· Advising clients for filing objections to an assessment order before Appellate Authorities/Tribunals;

· Advising clients in successfully getting orders passed by appellate authorities; · Handling judicial matters such as writ petitions, civil appeals (in High Courts and Supreme Court), and revision petitions in appellate authorities;

· Advising clients on indirect tax laws such as service tax, customs, excise, and value-added tax (VAT);

· Handling tax litigation matters such as show-cause notices, CAs (in High Courts and tax tribunal) appeals, references under various disputes resolution forums;

Indirect Tax Advisory

This service involves offering advice to entities engaged in the business of trading goods concerning the diverse areas covered by different types of taxes including service tax, sales tax/VAT, and customs. Some key aspects where we offer advice include:

· Advising for claiming input credit or set-off benefits under different indirect tax laws;

· Filing returns consisting of sales returns, purchase returns, and forms such as ST-3, CForms, VAT/CST/Customs returns for various states;

· Preparing statutory reports under indirect tax laws i.e. summarizing the details of taxable supplies made by a business entity each month or quarter and filing same with respective jurisdictional authorities;

Tax Planning Services

These services are provided to individuals, HUFs, and Hindu Undivided Families (HUF) in the area of tax savings through deductions or exemptions under various direct tax laws.

· Making applications for registration under Income-tax Act 1961;

· Offering advice on filing income tax returns correctly;

· Advising clients on claiming deduction available under section 80C, 80CCF, 80D, 80DD, etc.;

· Providing assistance for investment-related issues e.g. investing in PPF, National Savings Certificates or other long term instruments;

· Assistance with tax planning related to various investments such as LIC policy, NSCs, and mutual funds;

Tax Planning for business entities

These services are offered in the area of structuring various commercial transactions and investments to reduce tax liability under different taxation systems. Some services include:

· Advising on setting up a new company or expanding/transferring business from one existing company to another;

· Setting up SPVs (Special Purpose Vehicles) for off-balance-sheet financing of assets;

· Structuring intragroup transactions between Indian and foreign companies in order to maximize tax benefits;

· Corporation tax planning such as claiming accelerated depreciation benefit under section 32;

Our services are focused on achieving optimum tax savings for our clients regardless of their size, industry, income level, and business needs. We believe in advising all our clients in complying with various laws applicable to them while at the same time helping them save tax so as they can achieve their set financial goals faster.

We offer fixed-fee billing for our consultancy services since we understand that businesses already incur heavy costs in terms of manpower and resources on day-to-day operations. We charge a fixed amount, including travel expenses (if any), for each service offered which includes one follow-up call after completion of service.

Do contact us to know more about our services and if you would like to receive a free consultation for your business. We will be happy to assist you further.